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November 25, 2024
 

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ELEVEN

A Couche-Tard convenience store in Montreal. Canadian retailer Alimentation Couche-Tard has made a preliminary non-binding proposal to buy 7-Eleven owner Seven & I Holdings.
BUSINESS / Companies
Aug 27, 2024
Couche-Tard might finance Seven & I takeover with debt
A leveraged acquisition would be feasible because of the Japanese company's strong cash flow, people familiar with the Canadian retailer’s thinking said.
A Canadian retailer's bid to buy the operator of 7-Eleven convenience stores follows the introduction last year of government guidelines on mergers and acquisitions instructing companies to seriously consider takeover offers.
BUSINESS / Companies / ANALYSIS
Aug 27, 2024
Seven & I takeover proposal tests Japan’s evolving investor-friendly stance
The proposed purchase of the convenience store operator follows government guidelines instructing companies to seriously consider takeover offers.
Seven & I Holding’s logo is seen at a 7-Eleven convenience store in Tokyo on Aug. 19. Apart from 7-Eleven, Seven & I also owns, has stakes in or operates a number of other iconic properties, including Denny’s, Tower Records and Ito-Yokado.
BUSINESS / Companies
Aug 22, 2024
Japan warms to audacious Canadian bid for 7-Eleven operator
The deal might just work if Alimentation Couche-Tard lets the convenience store chain get on with business and continue to develop and expand globally.
The 7-Eleven convenience store chain, a deeply ingrained part of modern Japanese life, faces a potential takeover by Canadian company Alimentation Couche-Tard.
COMMENTARY
Aug 21, 2024
A 7-Eleven buyout would stretch Japan’s appetite for M&A
The country’s convenience stores have become essential to daily life. That has many fearing the prospect of a foreign takeover.
Alimentation Couche-Tard’s proposed acquisition of Seven & I Holdings, if successful, would be an extremely rare case of a foreign company's buyout of a major Japanese firm.
BUSINESS / Companies
Aug 20, 2024
Seven & I buyout would be a watershed moment for Japan takeovers
Until now, an attempt to acquire such a well-known Japanese business at such scale would have been dismissed as audacious and unlikely.
Seven Eleven officials receives a Guinness World Records' certificate for its product as the most sold freshly made curry bread in volume in 2023 during a ceremony in Saitama Prefecture on Thursday.
BUSINESS / Companies
Aug 1, 2024
7-Eleven's curry bread certified by Guinness World Records
The ¥160 bread, fried in store, logged 76,987,667 pieces sold.
Japan's first 7-Eleven convenience store (above) in Tokyo's Toyosu district on May 15, 1974, and the same store on Wednesday
BUSINESS / Companies
May 17, 2024
7-Eleven convenience store chain marks 50 years in Japan
Today, of the about 57,000 convenience stores in the country overall, more than 21,000 are from the 7-Eleven chain.
Speculation has been swirling for months over the fate of Ito-Yokado, which was Seven & I's original retail franchise before it bought 7-Eleven and turned it into a large, successful business.
BUSINESS / Companies
Apr 10, 2024
Seven & I set to split 7-Eleven from original Ito-Yokado stores
Ito-Yokado was the company’s original franchise before it bought 7-Eleven and turned it into a successful business.
On display at the new 7-Eleven store in Matsudo, Chiba Prefecture, are about 2,000 additional products that aren’t usually carried in 7-Elevens, including fresh fruit, diapers and hair-care products.
BUSINESS / Companies
Feb 29, 2024
Seven & I Holdings explores market for bigger 7-Elevens
Its new store in Chiba Prefecture will have more than twice the number of products and is almost double the size of regular outlets.
An Ito Yokado store in the city of Fukushima. As part of its structural reform, Ito-Yokado will focus on urban areas including the Tokyo metropolitan area.
BUSINESS / Companies
Feb 10, 2024
Struggling unit of 7-Eleven's parent company to exit central and northern Japan
The Seven & I Holdings unit will close five of its 17 stores in the regions and hand over 11 to other supermarket operators.
Seven & I Holdings CEO Ryuichi Isaka
BUSINESS / Companies
Feb 7, 2024
Japan’s convenience stores can span the globe, 7-Eleven CEO says
Ryuichi Isaka believes Seven-Eleven Japan’s know-how in making cheap, high-quality food will drive growth overseas.
Japan Times
BUSINESS
May 5, 2023
7-Eleven spinoff would jeopardize growth, CEO says, pushing back at ValueAct
Ryuichi Isaka said 7-Eleven is reliant on staff and know-how from Seven & I's supermarket businesses in developing products for its Seven Premium private brand.
Japan Times
BUSINESS
May 3, 2023
Seven & I says strategy will work in latest missive to ValueAct
Debate between Seven & I and activist fund ValueAct Capital Management is likely to continue through May 25, when Seven & I is scheduled to hold its annual general meeting.
Japan Times
BUSINESS
Apr 7, 2023
Seven-Eleven’s owner says new committee to review spinoffs and IPOs
The committee of outside board members will recommend changes and execute them, the eight independent directors said in a statement.
Japan Times
MORE SPORTS
Sep 27, 2022
Sports streamer DAZN agrees to buy rival Eleven
The deal will consolidate the streaming market in a number of countries as DAZN looks to further its offerings in Europe and expand into Taiwan and other Asian territories.
Japan Times
BUSINESS
Jun 24, 2022
Japan 7-Eleven franchisee who rebelled against company loses in court
A judge ordered Mitoshi Matsumoto to hand his store, which he opened in 2012, over to the company and pay damages for lost business.
Japan Times
CULTURE / Books
Mar 6, 2022
‘Eleven Winters of Discontent’: The nightmare that began after World War II
Sherzod Muminov's well-researched academic study identifies explanations for Joseph Stalin's decision to intern half a million Japanese prisoners of war in Soviet work camps.
Japan Times
BUSINESS / Companies
Jan 7, 2022
China fines Seven & I Holdings for calling Taiwan a nation on map
Fines of about 150,000 yuan (u00a52.7 million) were imposed by the Beijing local authority against Seven & I, a spokesman for the Japanese retailer said.
Woman dies after train collides with car in Tochigi
A Moka Railway train car
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Tokyo police care for lost umbrellas, keys and flying squirrels
An employee at the Tokyo Metropolitan Police Department Lost and Found Center in the Iidabashi area of central Tokyo bags, tags and organizes thousands of items.
Japan to aid introduction of multilingual ride-hailing apps
A Nihon Kotsu Co. taxi departs one of the company's service offices in Tokyo.
Seven & I founding family sounded out KKR and others about buyout: report
A 7-Eleven convenience store in Tokyo
Tokyo’s newest three-star chef wants ‘harmony across every detail’
British-born Daniel Calvert earned his third Michelin star last month — a stunning achievement considering his restaurant, Sezanne, has only been open for just over three years.
133-year-old Kyushu railway station remains to be partially preserved
The remains of the original Moji Station in Kitakyushu
After Shohei Ohtani bump, Iwate ironware maker sees brighter future
Kaito Kikuchi's decision to send superstar Shohei Ohtani one of his company's traditional ironware tea kettles has paid off with a surge of interest from general consumers.
Shohei Ohtani wins National League MVP award
Shohei Ohtani celebrates after hitting a three-run home run against the Padres during the National League Division Series at Dodger Stadium in Los Angeles last month.
The slow-burn success of ‘A Samurai in Time’
A 19th-century warrior gets struck by lightning and wakes to find himself in 21st-century Kyoto in Junichi Yasuda’s surprise hit “A Samurai in Time.”

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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